Stoneridge (SRI) to Release Earnings on Wednesday

Stoneridge (NYSE:SRI) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $207.61 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Stoneridge Stock Performance

Shares of SRI stock opened at $4.20 on Monday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 2.44. The stock has a market cap of $116.15 million, a PE ratio of -15.54 and a beta of 1.34. Stoneridge has a 1 year low of $4.11 and a 1 year high of $18.85. The stock has a fifty day moving average price of $5.38 and a 200 day moving average price of $8.42.

Analyst Ratings Changes

Several research firms recently commented on SRI. Barrington Research reiterated an “outperform” rating and issued a $16.00 price objective on shares of Stoneridge in a research report on Thursday, October 31st. StockNews.com cut shares of Stoneridge from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th.

About Stoneridge

Stoneridge, Inc, together with its subsidiaries, designs and manufactures engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil.